
Biobased & Circular economy
—6 december 2024
December 6, 2024
2 minutes
The Dutch chemical industry is on the brink of transformative changes. New regulations require companies to adapt quickly to remain future-proof. The new reportTransition pathway towards biobased chemistry in the Netherlandsprovides a clear roadmap for making the chemical industry more sustainable. This aligns perfectly with Invest-NL's mission to drive the transition to a biobased and circular economy by removing financial barriers.
The chemical industry plays a crucial role in achieving the climate goals set out in the European Green Deal. As one of the largest CO₂ emitters, the sector has immense potential to significantly reduce its reliance on fossil resources through biobased alternatives. However, additional support is needed to bridge the gap between supply and demand for these alternatives. The report identifies nine strategic value chains, including ethylene, propylene, and BTX, and provides insights into the level of scaling required for biobased materials to meet future demand.
The Netherlands is uniquely positioned to take a leading role in the global transition to biobased chemistry. The report emphasizes that innovation and investments in technologies such as biomass and CO₂ conversion, as well as the development of biobased infrastructure, are crucial to achieving this leadership.
Invest-NL aims to accelerate the major societal transitions in the Netherlands. By providing insights into the investment needs of strategic value chains and fostering public-private collaborations, Invest-NL supports the chemical industry in its sustainability efforts. This not only benefits the climate but also strengthens the Netherlands' competitive position as a frontrunner in sustainable innovation.
On 6 December 2024, Invest-NL hosted a webinar to share the insights from the report. Together with entrepreneurs, investors, and policymakers, the financing gap and potential solutions were discussed. Would you like to watch the webinar? You can find the recording here.
(This page was translated with the help of A.I)
Xandra Weinbeck
sr. business development manager